Sensex Surges Over 500 Points, Nifty Above 10,550 Led By Auto, IT Shares

INSUBCONTINENT EXCLUSIVE:
S-P BSE Sensex and NSE Nifty 50 indexes extended gains in noon deals led by gains in Infosys, HDFC, Reliance Industries, Tata Consultancy
Services, HDFC Bank and Larsen - Toubro
The Sensex rose as much over 600 points to trade above 36,000 and Nifty 50 index moved closer to its psychological level of 10,600 ahead of
weekly expiry of index futures and option contracts due later in the day
led by the S-P BSE Information Technology index's over 3 per cent gain.Auto, capital goods, consumer durables, oil - gas, power,
industrials, finance and energy sector shares were also trading on a strong note as the respective indices rose between 1-2.3 per cent.Mid-
and small-cap shares were also witnessing buying interest as S-P BSE MidCap index rose 0.94 per cent and S-P BSE SmallCap index advanced 1.2
per cent.Mahindra - Mahindra was top Nifty gainer, the stock rose over 5 per cent to Rs 525 after its tractor sales rose 12 per cent
year-on-year to 35,844 units in June.Hero MotoCorp, Infosys, ONGC, Indian Oil, HCL Technologies, TCS, HDFC, Wipro, Larsen - Toubro, Titan,
Tats Steel and Tech Mahindra also rose between 2.3-4.9 per cent each.On the flipside, Axis Bank, UPL, Britannia Industries, Hindustan
Unilever, Eicher Motors, Vedanta, Zee Entertainment, NTPC and Coal India were among the notable losers.The overall market breadth was
positive as 1,686 shares were advancing while 945 were declining on the BSE.